TSE:AFN FY2025 EPS Reduced by National Bank Financial

Ag Growth International Inc. (TSE:AFN) – Equities research analysts at National Bank Financial reduced their FY2025 earnings estimates for shares of Ag Growth International in a report released on Tuesday, December 3rd. National Bank Financial analyst M. Sytchev now forecasts that the company will post earnings of $4.24 per share for the year, down from their previous forecast of $4.39. The consensus estimate for Ag Growth International’s current full-year earnings is $6.58 per share.

Several other brokerages have also recently commented on AFN. TD Securities cut their price target on shares of Ag Growth International from C$79.00 to C$77.00 and set a “buy” rating on the stock in a research report on Monday, August 12th. CIBC dropped their target price on shares of Ag Growth International from C$75.00 to C$70.00 in a report on Thursday, November 7th. Royal Bank of Canada dropped their target price on shares of Ag Growth International from C$80.00 to C$75.00 in a report on Thursday, November 7th. Finally, Raymond James cut shares of Ag Growth International from an “outperform” rating to a “market perform” rating and dropped their target price for the company from C$72.00 to C$62.00 in a report on Friday, October 18th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, Ag Growth International has an average rating of “Moderate Buy” and a consensus target price of C$74.38.

Ag Growth International Trading Down 1.0 %

Shares of TSE:AFN opened at C$53.78 on Thursday. The company’s 50-day moving average price is C$51.89 and its two-hundred day moving average price is C$52.62. The company has a debt-to-equity ratio of 298.35, a current ratio of 1.49 and a quick ratio of 0.84. Ag Growth International has a one year low of C$45.96 and a one year high of C$64.51. The stock has a market capitalization of C$1.03 billion, a PE ratio of 35.38, a price-to-earnings-growth ratio of 1.30 and a beta of 2.29.

Ag Growth International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Friday, September 27th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, September 27th. This represents a $0.60 annualized dividend and a yield of 1.12%. Ag Growth International’s dividend payout ratio is currently 39.47%.

Ag Growth International Company Profile

Ag Growth International Inc, together with its subsidiaries, manufactures and sells equipment for the agriculture industry in Canada, the United States, and internationally. It operates through Farm and Commercial segments. The company offers grain, bolted, hopper, and smooth wall bins; temporary storage; unloads and sweeps systems; water tanks; secondary containment systems; fuel tanks; and storage accessories, as well as mixed flow dryers; fans and heaters; aeration products; vents and exhausters; and stirring systems.